Last week, I read on the newspapers that U.S. economy lost 240,000 jobs in October, bringing the total to 1 million jobs lost this year, and jobless rate rises to 6.5 percent. The October figure matches the unemployment rate in March 1994.
That reminded me of a conversation I had with my parents 10 years ago, when I quit my job on a Friday and made the decision to start my own business the next Monday, without any savings or clients. They both worked in the same companies for 35 years, so as for their own experience they were trying to convince me that having a job will be much more secure. I contested and said that I was sure that I will success and even if I could go back to a job after aperiod of trial, so I didn’t have anything to lose, I knew I will never work for anybody else again. (And I am very stubborn).
Five 5 years later, I decided to start the entrepreneurial venture again but in a new country, andmoved to New York. Useless to say that my parents were very worried once again, plus this time I will be thousand miles from them. So they had the feeling that they couldn’t protect me if needed. (I am their only child so they are both very protective).
But 10 years later, when I look around me, I am glad that I took this decision. I don’t have to worry today to lose my job as so many people right now, and business as never been so great.
At first they really didn’t understood my business in New York, “Your networking thing” as they used to say and how I could possibly make money. But last year when they came to visit me in Miami and discovered were I leave, they couldn’t believe it and it suddenly hit them. I am really an entrepreneur. This is not only a hobby. It took me almost 10 years to show them that you can work from home, run an international business and still be successful.
So who is more secure now? The people who choose a job or those who started their own businesses? It is very important to take action in you personal life and business. And I would say the bigger the risks, the bigger the rewards and success. Choosing security doesn’t always lead you were you expect. Don’t be afraid. Take action, Get a mentor or two. I owe a lot to Alexandria Brown and Adam Urbanski, my 2 mentors who helped me realized that “The sky is the limit”.
Recession is a good time to jump and start your own business. What do you have to loose anyway in the economy?
Leave a comment